NIFTY ANALYSIS
OPEN: 10752 | HIGH: 10933.5 | |
LOW: 10749.6 | CLOSE: 10927.9 | |
LOWER RANGE: 10,650 | UPPER RANGE: 10,950 |
NIFTY recovered and made a bullish move. Market momentum is positive. We may see a consolidation around 10800. Once this consolidation is done NIFTY will take its direction. 10950 breaking will be uptrend and 10650 breaking will be downtrend.
NIFTY FORECAST
We may see a sideways market tomorrow NIFTY consolidating around 10800. But the overall trend is bullish. To confirm the bullish trend NIFTY has to cross 10,950.
STOCK ANALYSIS
Next week watch these stocks.
Company | Open | High | Low | Close | Fri %Gain / Loss | Thu % Gain/ Loss |
BPCL | 404.5 | 447.4 | 392 | 443.8 | 12.67 | 6.57 |
DABUR | 489.95 | 495.35 | 483.5 | 490.75 | 0.64 | 1.67 |
HDFC | 1800 | 1821.95 | 1784.05 | 1805.85 | 1.01 | -0.12 |
HINDUNILVR | 2285 | 2340 | 2281 | 2334.55 | 2.04 | 0.56 |
JSWSTEEL | 203.2 | 211.8 | 202.65 | 206.75 | 2.78 | 3.21 |
STOCK RECOMMENDATION
Stocks Recommended if the price breaks above.
Company | Price | Recommendation |
HINDUNILVR | 2342 | Buy Above this price |
JSWSTEEL | 214 | Buy Above this price |
Disclaimer: Our forecasts are based on predictions from our algorithms. However and they involve risks, variables and uncertainties. No guarantee is presented or implied as to the accuracy of forecasts, projections or predictive statements contained herein. Invest at your own risk